Johnson Outdoors, Inc. (JOUT)

NASDAQConsumer DiscretionaryLeisureSnapshot 2026-10-23

$45.00-0.97%

Close 2026-10-23 · 1-day change

Investment OutlookAs of Oct 24, 2026

What could strengthen or challenge Johnson Outdoors, Inc.’s outlook?

The long-term thesis, the evidence coming in, and the environment around it. Thesis dated Jul 8, 2026.

Higher potential upsideImproving expectations

Next-FY EPS estimate change · 30 days

Comparable estimates unavailable

+10% or more+5%0%−5%−10% or less

A matching fiscal period and sufficient coverage are required.

Higher risk of downsideWeakening expectations

One observable signal. This measures changing earnings expectations, not the probability of a gain or loss.

How this is measured

The calculation requires same-period, same-provider snapshots, positive EPS, at least five analysts and a baseline within three days of the requested lookback.

Measure / period	Management expectations	Analyst expectations
Quarter ending 2027-01-03
Revenue	—	133.03M
EPS	—	-0.63
Annual ending 2027-10-03
Revenue	—	686M
EPS	—	1.41
Annual ending 2028-10-03
Revenue	—	724.37M
EPS	—	2.45

Management figures unavailable.

What the Thesis Depends On

Three published thesis conditions, with dated milestones shown separately.

Key Factor	Why It Matters	Current Status	Break Condition	Latest Evidence
Operating income improves to positive territory	Operating income improved from -$20.2M to $10.3M, showing better cost control.	Broken	Operating income falls below $0 next year	Operating income: $18.343M FY2026-Q3; GAAP. Published target: >=$10M operating income. Target period is not explicitly aligned with this observation. Source published Aug 7, 202618,343,000 USD · source valueSource reportLast status assessment Oct 24, 2026 Measurement source consolidated · GAAP FY2026-Q3 · Period ending Jul 3, 2026 Source: company_financial_results. Reference: e7b7b60c-6033-4a81-9c90-8208016abd24. Source status: eligible. Compare required operating outcomes Compare scope, accounting basis and period before treating this evidence as progress against an annual requirement.
EPS returns to positive and grows	A supporting condition in Johnson Outdoors, Inc.'s published investment case. The stated target is EPS >= $0.75 in FY26.	Intact	EPS estimate falls below $0.50 for FY26	Direct metric needs a verified mapping The published measure or accounting basis is not supported by an exact source binding. Source date unavailableLast status assessment Oct 24, 2026Compare required operating outcomes Compare scope, accounting basis and period before treating this evidence as progress against an annual requirement.
Revenue growth sustains above 5% annually	A primary condition in Johnson Outdoors, Inc.'s published investment case. The stated target is >=5% YoY revenue growth.	Intact	YoY revenue growth falls below 5% next year	Direct metric needs a verified mapping The published measure or accounting basis is not supported by an exact source binding. Source date unavailableLast status assessment Oct 24, 2026Compare required operating outcomes Compare scope, accounting basis and period before treating this evidence as progress against an annual requirement.

Stored thesis · Jul 8, 2026. Latest Evidence uses source-matched measurements where available, alongside the last thesis-monitor assessment. Source periods and assessment dates are shown separately. A new measurement does not automatically change the published status or verify an older target.

Incoming Evidence

Compare these dated observations with the operating requirements above

Expectations trend

Same fiscal period

FY2028 · fiscal year ending 2028-10-03 · fmp

FY2028 EPS: comparable history unavailable.

FY2028 revenue: comparable history unavailable.

Exact estimates & source dates

One fiscal period and provider throughout. At least five contributors are required for each plotted metric; missing coverage stays a gap. Axes show the observed range. Counts measure coverage, not revisions.

FY2028 estimate observations · fmp
Snapshot	EPS	Revenue	EPS / revenue analysts
2026-10-04	Unavailable	Unavailable	1 / 1
2026-10-05	Unavailable	Unavailable	1 / 1
2026-10-06	Unavailable	Unavailable	1 / 1
2026-10-07	Unavailable	Unavailable	1 / 1
2026-10-08	Unavailable	Unavailable	1 / 1
2026-10-09	Unavailable	Unavailable	1 / 1
2026-10-10	Unavailable	Unavailable	1 / 1
2026-10-11	Unavailable	Unavailable	1 / 1
2026-10-12	Unavailable	Unavailable	1 / 1
2026-10-13	Unavailable	Unavailable	1 / 1
2026-10-14	Unavailable	Unavailable	1 / 1
2026-10-15	Unavailable	Unavailable	1 / 1
2026-10-16	Unavailable	Unavailable	1 / 1
2026-10-17	Unavailable	Unavailable	1 / 1
2026-10-18	Unavailable	Unavailable	1 / 1
2026-10-19	Unavailable	Unavailable	1 / 1
2026-10-20	Unavailable	Unavailable	1 / 1
2026-10-21	Unavailable	Unavailable	1 / 1
2026-10-22	Unavailable	Unavailable	1 / 1
2026-10-23	Unavailable	Unavailable	1 / 1
2026-10-24	Unavailable	Unavailable	1 / 1

Revenue and EPS estimates track expectations. They are not delivered results or like-for-like proof of a required annual path.

Compare required revenue and earnings

Analyst view

Monthly observations

Buy / Strong BuyHoldSell / Strong Sell

Exact monthly counts

Monthly rating snapshots · fmp. Missing snapshots are not zero.
Date	Buy*	Hold	Sell*
2026-05-01	0	0	0
2026-06-01	0	0	0
2026-07-01	0	0	0
2026-08-01	0	0	0
2026-09-01	0	0	0
2026-10-01	0	0	0

*Buy includes Strong Buy; Sell includes Strong Sell. Monthly counts describe the analyst mix, not the firms behind each recent action.

Latest: 0 Buy / Strong Buy · 0 Hold · 0 Sell / Strong Sell

0 upgrades0 downgrades0 maintains

Recent actions · Sep 25–Oct 24 · 0 recorded

Price-target changes

30 days

Individual price-target observations are unavailable.

0 raises · 0 cuts · 0 unchanged · 0 without a comparable prior

How this is measured

Sep 25, 2026–Oct 24, 2026. Each firm's latest positive target is paired only with its immediately prior positive target from the same provider, at most 180 days earlier. Unmatched observations have one dot; conflicting observations are not compared.

Outlook in Brief

The evidence, the remaining questions, and what comes next

What's improving

No recovery evidence is reported in the available driver assessments.

Still unresolved / key risks

Operating income improves to positive territoryPublished status: Broken
EPS returns to positive and growsDirect metric needs a verified mapping
Revenue growth sustains above 5% annuallyDirect metric needs a verified mapping

Next proof point

Dec 11, 2026

Look for updated results and guidance against the published targets, plus direct evidence for unresolved drivers.

Review earnings

Bottom line

3 of 3 published conditions remain under pressure or need verification. The next results need to address those conditions.

The dated weekly assessment and its assumptions are available in Read detailed Outlook.

Historical risk context

Observed price history; separate from operating scenarios

Price sensitivity

1.1%Typical daily move · historical

Downside history

-26.3%Maximum drawdown · trailing year

Read detailed Outlook Company context, assumptions & risks

Johnson Outdoors, Inc. outlook in detail

The weekly editorial context below is a separate assessment from the dated monitor evidence above. Recovery observations do not automatically change the published thesis. Unverified outside influences are hypotheses, not measured driver evidence.

Updated Oct 24, 2026

What kind of bet this is

This is a recovery-oriented business thesis, not yet a durable growth story: JOUT is still loss-making overall, despite improving operating income. The thesis has strengthened as company momentum rose and management delivered sales growth, but the current state remains watch because recent performance trails its industry cohort.

What's priced into Johnson Outdoors, Inc.

JOUT is cheap versus peers, with a valuation premium-versus-peer measure of 0.87 and an expectations gap of -0.14. The priced-in assessment is marked justified, with low fragility, so the evidence does not suggest that expectations are unusually stretched.

What the fundamentals likely do

Near term, sales growth and higher operating income offer evidence of progress, while cash from operations has shown a mixed path. Two recent earnings beats are positive, but overall earnings quality remains weak and recent financial performance is rated weak; erratic earnings and small-company risk also matter.

What Johnson Outdoors, Inc. hinges on

Over the next few quarters, the key company-specific test is whether sales growth can translate into steady profitability and cash generation. A guidance cut would be a meaningful negative, while continued strength or weakness from sector bellwethers HAS, LTH, and GOLF could shape the sector backdrop.

Bottom line

For a 1-3 year view, JOUT has signs of operational progress, but the long-term thesis still depends on sustained profitability and cash-flow improvement amid elevated risk. Not investment advice.

Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.